eBook Calculator Nonuniform Inputs, Transferred-In Cost Drysdale Dairy produces
ID: 2510710 • Letter: E
Question
eBook Calculator Nonuniform Inputs, Transferred-In Cost Drysdale Dairy produces a variety of dairy products. In Department 12, cream (transferred in from Department 6) and other materials (sugar and flavorings) are mixed at the beginning of the process and churned to make ice cream. The following data are for Department 12 for August: Production: Units in process, August 1, 30% complete" Units completed and transferred out Units in process, August 31, 70% complete" 40,000 120,000 30,000 With respect to conversign costs. 1. Prepare a physical flow schedule for the month. Drysdale Dairy Physical Flow Schedule For the Month of August Units to account for: Units in beginning work in process 40,000 110,000 V 150,000 120,000 Units started Total units to account for Units accounted for: Units transferred out 30.000Explanation / Answer
Transferred in = 150000 equivalent unit
Materials = 120000+(30000*100%) = 150000 equivalent unit
Conversion = 120000+(30000*70%) = 141000 equivalent unit
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